Annapolis Financial Services LLC Sells 650 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Annapolis Financial Services LLC cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 74.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 224 shares of the company’s stock after selling 650 shares during the quarter. Annapolis Financial Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $37,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of QUAL. Scarborough Advisors LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 1,460.0% during the fourth quarter. Scarborough Advisors LLC now owns 973,510 shares of the company’s stock worth $143,242,000 after purchasing an additional 911,104 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of iShares MSCI USA Quality Factor ETF by 30.0% during the fourth quarter. Wells Fargo & Company MN now owns 3,886,985 shares of the company’s stock worth $571,931,000 after purchasing an additional 897,256 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 26,751,547 shares of the company’s stock worth $3,936,223,000 after purchasing an additional 744,380 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of iShares MSCI USA Quality Factor ETF by 108.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,056,047 shares of the company’s stock worth $155,387,000 after purchasing an additional 550,321 shares during the last quarter. Finally, Miracle Mile Advisors LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 109.9% during the fourth quarter. Miracle Mile Advisors LLC now owns 806,339 shares of the company’s stock worth $118,645,000 after purchasing an additional 422,241 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS:QUAL traded down $0.98 on Friday, hitting $170.76. 1,007,535 shares of the company’s stock were exchanged. The business’s 50 day simple moving average is $165.56 and its two-hundred day simple moving average is $159.03. The stock has a market capitalization of $45.06 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63.

iShares MSCI USA Quality Factor ETF Profile

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector.